(IN BRIEF) SSAB has appointed Helena Norrman as its new EVP and Head of Group Communications, a role created within the Group Executive Committee. With her extensive background in communications, Norrman will play a key role in supporting SSAB’s transformation … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, Sweden, Technology
Tagged appointment, communications leadership, corporate relations, Ericsson, EVP, executive appointment, fossil-free steel, Group Communications, Helena Norrman, INNOVATION, Investor Relations, Kekst CNC, leadership, marketing, Public Affairs, SSAB, SSAB transformation, Steel Industry, strategic communication, sustainability, Sweden
(IN BRIEF) SSAB and Stena Metall have formed a strategic partnership to enhance sustainable steel production by utilizing recycled scrap metal from Stena Metall’s Nordic Recycling Center. This metal will be supplied to SSAB’s new electric arc furnace in Oxelösund, … Read the full press release
(IN BRIEF) This partnership between SSAB and AWS is a significant step towards decarbonizing the materials used in critical infrastructure. By adopting cutting-edge technology like HYBRIT, AWS is not only taking meaningful action toward its sustainability goals but also leading … Read the full press release
(IN BRIEF) SSAB has launched the Strenx® Certified Fabricator program to recognize top fabricators excelling in high-strength steel fabrication. This initiative connects certified fabricators, including MTL Advanced Ltd in the UK, who demonstrate exceptional quality, innovation, and sustainable practices in … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, United Kingdom
Tagged High-Strength Steel Fabrication, MTL Advanced Ltd, partnership, Sara Maltén, SSAB, Strenx® Certified Fabricator Program, sustainability, UK
(IN BRIEF) SSAB has appointed Per Elfgren as the new head of SSAB Special Steels, where he will leverage his extensive experience in market development, product innovation, and international sales. Having been with SSAB since 1996, Elfgren’s expertise is expected … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Sweden, Technology
Tagged appointment, Head of Special Steels, INNOVATION, Johnny Sjöström, leadership, Per Elfgren, SSAB, sustainability
(IN BRIEF) SSAB and Parmaco have partnered to build the world’s first concept building made entirely from fossil-free steel, using SSAB’s HYBRIT® technology. This innovative process replaces coal with hydrogen and fossil-free electricity in steel production, reducing CO2 emissions. Construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged building, construction, Finland, fossil-free steel, Jukka Joutsenkoski, Olavi Huhtala, Parmaco, partnership, SSAB, SSAB’s HYBRIT® technology, sustainability
(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden, Technology
Tagged Eirik Berg, fossil-free steel, Matts Nilsson, Norway, partnership, Smith Stål, SSAB, SSAB Fossil-free™, SSAB Zero, sustainability
(IN BRIEF) SSAB and Meka Pro Oy have signed an agreement for the supply of fossil-free steel to be used in manufacturing cable management systems, such as cable ladders and trays. Starting in 2026, Meka Pro Oy will receive low-emission … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Cable Management Systems, Finland, fossil-free steel, Meka Pro Oy, partnership, SSAB, sustainability
(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged anti-squeal plates, electric vehicles, fossil-free steel, Noise-Reducing Brake Pads, partnership, SSAB, Stefan Lundström, sustainability, Trelleborg
(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged and Vattenfall, Andreas Regnell, fossil-free, HYBRIT, industrialization, Klara Helstad, LKAB, partnership, SSAB, steel production, sustainability, Ulf Spolander
(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged Finland, fossil-free, Kalle Luoto, Lotta Ruottinen, Nordec, partnership, SSAB, Steel Supply Chain, sustainability
(IN BRIEF) After 26 years with SSAB, Martin Lindqvist, the President and CEO for the past 13 years, has announced his decision to step down to focus on his board career. During his tenure, Lindqvist led SSAB through significant transformations, … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, Sweden
Tagged appointment, CEO, leadership, Lennart Evrell, Martin Lindqvist, SSAB
(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged fossil-free, Luleå, Martin Lindqvist, Mini-Mill, SSAB, sustainability, Sweden
(IN BRIEF) EcoDataCenter, a leading sustainable data center provider, is set to make an industry-first move by deploying Alfa Laval heat exchangers made from recycled steel produced without new CO2 emissions from SSAB. This collaboration marks a significant step towards … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Alfa Laval, Anna Blomborg, Data Center Carbon Emissions, EcoDataCenter, partnership, Peter Michelson, Recycled Steel Heat Exchangers, SSAB, SSAB Zero, sustainability
(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Levin, decarbonization, fossil-free steel, heavy duty vehicles, Martin Lindqvist, partnership, Scania, SSAB, Steel Deliveries, sustainability
(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release
Posted in Construction, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, Sweden
Tagged Christina Friborg, civil engineering, climate neutrality, construction, fossil-free steel, Hasslanda, Jesper Göransson, Lund, Peab, Romina Pourmokhtari, Ruukki Construction, Sami Eronen, SSAB, Sweden, Tomaten 1, Ulrika Hallengren, Wihlborgs
(IN BRIEF) The Board of Directors of SSAB AB (publ) has decided to initiate a share buyback program with a maximum amount of SEK 2.5 billion (~EUR 212.5 Million). The program aims to optimize the company’s capital structure to enhance … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged acquisitions, Financial, investment, Martin Lindqvist, Share Buyback Program, SSAB
(IN BRIEF) HYBRIT, a partnership between SSAB, LKAB, and Vattenfall, has achieved a significant breakthrough in hydrogen storage for use in fossil-free steel production. During commercial testing on the electricity market, their hydrogen storage system demonstrated excellent results, potentially reducing … Read the full press release
(IN BRIEF) SSAB Europe’s Business Unit Finland is entering into change negotiations in Raahe due to ongoing weak demand. The company aims to structurally reduce fixed costs by at least EUR 10 million annually. These negotiations, involving approximately 2,400 employees, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Management, Metals and Minerals, News, Sweden
Tagged acquisition, Costs cutting, Jarkko Matkala, negotiations, partnership, Raahe, SSAB
(IN BRIEF) Tibnor, a subsidiary of SSAB, has announced plans to adjust its operations in response to lower demand and profitability. The measures, intended to achieve annual cost savings of around SEK 150 million, will encompass all Tibnor business areas … Read the full press release
Posted in Business, Financial, Industrial, Management, Metals and Minerals, News, Sweden
Tagged Cost-saving Measures, Financial, Fredrik Haglund, profitability, SSAB, Staff Reduction, Tibnor
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